Israeli clients and the Italian real estate market: trends and opportunities

The Israeli newspaper Yedioth Ahronoth analysed the best real estate investment opportunities abroad for Israeli citizens. Italy stands out among the most interesting options, thanks to realities such as the Great Estate group.

The Israeli newspaper Yedioth Ahronoth recently published an in-depth analysis of real estate investment opportunities abroad for Israeli citizens. The starting point of the analysis is a budget of about 650,000 euros – the amount needed to purchase a medium-sized apartment in Petach Tikva. From there, the article explores purchasing options in various international markets, including the United States, Thailand, Japan, Germany, Greece, and Italy.
Special attention was given to the Italian real estate market, with a focus on Great Estate, the network specializing in the development and sale of prestigious properties. Among the prominent properties presented in the article is Villa Collepiano, a beautiful residence located near Orvieto.

WHY DO ISRAELIS CHOOSE UMBRIA?

Or Hadar, Real Estate Consultant in Israel and Great Estate Group associate for the Israeli market, points out that Umbria is increasingly attractive to foreign investors: 

Features that make Umbria so desirable include:

• A serene and authentic environment, far from the hustle and bustle of big cities;
• A high quality of life, particularly appreciated by families;
• A strong tourism potential, which makes real estate investments particularly profitable;
• The possibility of buying fine properties at competitive prices compared to other Italian regions.

Or Hadar indicates: 

“Israeli clients prefer properties with a distinctive character, mainly large detached villas with at least four bedrooms to accommodate large families. Traditional Italian style is the most popular, with a choice for properties that have already been renovated and are ready for use. Particularly sought-after elements include an outdoor pool, panoramic views, and proximity to hamlets with essential services, combining rural tranquility and practicality. The investment budget is generally above half a million euros, reflecting the interest in valuable properties that meet these specific needs.”

INCOME AND RENTAL POTENTIAL

Many owners choose to rent out their properties during non-use periods, taking advantage of the growing demand for luxury tourist stays, affirms Or Hadar. During peak season, rental prices for a luxury villa range between 2,500 and 4,500 euros per week, depending on the period and local holidays.

A GROWING TENDENCY

According to Or Hadar, “in recent years, there has been a growing interest among Israeli investors in Umbria and Tuscany.”

This trend is fueled by several factors:

• The search for an authentic, relaxed lifestyle.
• The ease of access, thanks to direct flights to Rome and a journey of about an hour and a half to reach the region.
• The opportunity to put property to income through tourist rentals.

Post-pandemic, interest in these areas has further increased. More and more Israelis want a second home in Europe, in a natural and safe environment. The demand is mainly for high-end properties, with fine finishes, panoramic views and luxury features such as swimming pools and large outdoor spaces.

Umbria thus confirms itself as an increasingly popular destination for international real estate investors, including Israeli ones. The balance between quality of life, economic potential and scenic beauty makes this region an attractive option for those seeking a secure and profitable investment in the heart of Italy.